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Sjoestaal
 
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Default Calculate time and cost

I would like to calculate the cost per minute. I have column with time,
hh:mm:ss, and a column with costs in swedish Krona. How do I divade the cost
with the time? I would like to know how much each minute of work costs.
Whatever I try the result ends up wrong.

The time is larger then 23:59:59 (i.e 133:25:00).

Appreciate any help!

Lasse
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Niek Otten
 
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Hi Lasse,

Time is stored as a fraction of a day. So to get the number of minutes,
multiply by 24*60 (=1440)

--

Kind Regards,

Niek Otten

Microsoft MVP - Excel

"Sjoestaal" wrote in message
...
I would like to calculate the cost per minute. I have column with time,
hh:mm:ss, and a column with costs in swedish Krona. How do I divade the
cost
with the time? I would like to know how much each minute of work costs.
Whatever I try the result ends up wrong.

The time is larger then 23:59:59 (i.e 133:25:00).

Appreciate any help!

Lasse



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Fred Smith
 
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With time in a1, and cost in a2, the cost per minute is:

=a2/(a1*1440)

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Regards,
Fred
Please reply to newsgroup, not e-mail


"Sjoestaal" wrote in message
...
I would like to calculate the cost per minute. I have column with time,
hh:mm:ss, and a column with costs in swedish Krona. How do I divade the
cost
with the time? I would like to know how much each minute of work costs.
Whatever I try the result ends up wrong.

The time is larger then 23:59:59 (i.e 133:25:00).

Appreciate any help!

Lasse



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